A friend of mine is looking to relocate to Chicago for a new job. I used to live in the Midwest (metro Detroit) so he asked me, but I don't know Chicago that well. I pointed this out to him on a map. Still, I figu...
Curious what people's thoughts are on home warranties and whether they are worth it or not? We have heard very mixed reviews with some people saying that they are terrible and other people saying they're great. We h...
I am really new to REI and don't have experience. I joined Lifestyles Unlimited and am reading Stephen Covey's "7 Habits of Highly Effective People" and both keep talking about having an "abundance mentality". My q...
Let's compare a $250,000,0 loan today versus two years ago.
In America, the average person has a credit score of around 715 you’re looking at around 6.6% on a conventional 30 year loan.
Excluding taxes and insuranc...
Hello BP community, needing some advice. Looking to purchase my first rental property. I am wondering what types of conventional loans you have used. The bank I talked to would only offer a 5-1 arm for 15 years at 5....
Hi, all, I'm in the early stages of carving out my real estate investment activity in the Triangle (based in Durham) and would be grateful for some feedback. After a goodly bit of self-study I determined the best nex...
Hi I struggling to find properties in my area that will actually cash flow positive with all the recent rate hikes for a rental property loan with 25% down I am still looking at 7.99 with a point. Am I better off wait...
I am selling my home and plan to do a 1031 exchange toward a foreclosed home. Is this transaction too difficult (time to get offer accepted in 45 days too challenging vs. a non-foreclosed home)?
Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
Hello everyone I have a question for the guys and gals who have been in the REI game for a long time. People are suggesting that this is probably one of the best markets to invest in now because of the housing situati...